Risk factor
Very poor trading liquidity
Profitability factor
Good margins and returns
About
Honda India Power Products (HIPP) specializes in the production and sale of various power equipment within India, including portable generators, water pumps, multi-purpose engines, lawn care machinery like mowers, brush cutters, and tillers, as well as backpack sprayers. Beyond its domestic operations, the company also engages in significant international exports, shipping its goods to markets in the United States, Europe, and other global destinations. Established in 1985, HIPP maintains its corporate headquarters in Gautam Buddha Nagar, India. The firm, previously known as Honda Siel Power Products Limited, officially adopted its current name in July 2020. This entity operates as a subsidiary of the renowned Honda Motor Co., Ltd.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair